Stunning nickel intersection at Spotted Quoll

Western Areas has announced the results of the best drill hole intersection....

  Western Areas has announced the results of the best drill hole intersection at Spotted Quoll to date.WBD 28 intersected 8.7m at 11.4% nickel from 88.2m down hole depth. The intersection has an estimated true width of 8m and is the highest grade nickel zone at the shallowest depth discovered at the Forrestania Nickel Project to date. The Forrestania Project is located 400km east of Perth in Western Australia. Preliminary assay results from WBD 28 are 46% higher than initially estimated using a Niton portable XRF analyser (8.6m at 7.8% nickel). All individual assays in WBD 28 are between 10.0% and 12.3% nickelThe company has said that the recent results at Spotted Quoll are very significant for a number of reasons.First, the deposit occurs at shallow depth, contains exceptional nickel grades and shows very good continuity over the area tested to date. Spotted Quoll is open in all directions. Second, the opportunity exists to define a substantial mineral resource in a relatively short time and develop a potential openpit mine. Two drill rigs are on site defining a mineral resource to 200m depth and a third drill rig is due mid February to test below 200m. Third, Spotted Quoll occurs on the same geological contact and in a similar setting as Flying Fox. It highlights the excellent potential for new nickel discoveries below the flat lying granite intrusions which extend at least from Flying Fox to Willy Willy. Furthermore, the Flying Fox granite intrusions probably extend within Western Areas tenements along the 25km long Western Nickel Belt from the Beautiful Sunday deposit (0.5Mt at 1.4% nickel) at the northern end to the Arrowhead prospect at the southern end. 5. The intersection in WBD 28 compares very well with discovery intersections from Jubilee’s Cosmos nickel mine (including 8.3m at 11.1% nickel and 20m at 10.0% nickel) and at Flying Fox (including 6.6m at 7.9% nickel and 21.4m at 7.8% nickel).